What Kinds of Investment Options Available in India

However the last few decades witnessed a complete change in the nature of functioning of the financial market. An array of new products was introduced by both financial institutes and banks that simply lured the many investors to invest in them because of the numerous advantages that each product offered. Be it life insurance policies, Exchange Traded Funds infrastructure bonds, fixed deposits, mutual funds etc each product or scheme is unique and meets the needs of either your long term or short term goals.Below is a list of the different investment options offered in India.Bank Fixed Deposits, [Term Deposit]Bank fixed deposits are one of the most popular investment options in India. This type of investment is one of the oldest and safest in the country. Usually in the case of a bank Fixed Deposit Scheme a certain amount of money is deposited in a particular bank for a specific duration on which the depositor receives a fixed rate of interest. Fixed deposits are ideal for long term investments. Mostly young people deposit in such schemes till the age of retirement so that they are eligible for a regular income when they need it most. The best thing about this investment option is that it is extremely safe, liquid and also yields high returns.Recurring Bank Deposit Saving SchemeRecurring Bank Deposit Schemes are also another good investment option in India. In order to invest in a Recurring Bank Deposit Saving Scheme you will have to invest a specific sum of money in a bank on a monthly basis. On this investment you will be receiving a fixed rate of interest from the bank every month. These types of investments have a fixed tenure and at the end of the tenure you receive the principle amount plus the interest earned.ETFs (Exchange Traded Fund)Among the latest investment options in the country Exchange Traded Fund or ETFs are known for their high returns yielding nature. Since the product is relatively new people are still a little apprehensive about investing in these types of funds however investing in Exchange Traded Funds are extremely beneficial in the long run.ELSS (Equity Linked Savings Scheme) Over the years Equity Linked Savings Schemes have gained immense popularity in the Indian financial market. Equity Linked Savings Scheme is a mutual fund investment option that invests in stocks and equity related stocks. Most Equity Linked Savings Schemes have a lock in period of three years which only benefits investors from yielding benefits and also getting tax exemptions.Life Insurance PlansInvesting in life insurance policies is one of the major investment options in India. LIC in India has almost synonymous with life insurance for its many life insurance policies. There are different types of life insurance plans like whole-life insurance, joint-life-insurance, pension-life-insurance etc that you can select from. It is believed that life insurance policies are best suited for people with families. The returns yielded from a life insurance policy depending on the type of plan can be used for numerous reasons like child’s education, business expansion or children’s’ marriage. Some of the companies offering life insurance plans include; Life Insurance Corporation of India, Kotak Life Insurance Reliance Life Insurance Company, Tata AIG Life Insurance etc.Post Office SavingsOne of the most important investment options in India is investing in the numerous products introduced by the post office. The many different post offices in India offer a gamut of investment products that meet the needs and requirements of one and all. Even the lower income groups can invest in the many post office schemes. Some of the popular post office savings options include;
Post Office Recurring Deposits
National Savings Scheme [NSS]
Public Provident Funds [PPF ]
Post Office Monthly Income Scheme [Post office MIS ]
National Savings Certificates [NSC ]
Post Office Time Deposits
Kisan Vikas Patra – [KVP ]
Investing in Gold Investing gold is nothing new to India. People in this part of the sub continent have been investing in gold since decades now. Gold is one of the safest investments options and can really prove beneficial in times of economic crisis. Gold can be considered to be a long term investment. Investing in gold can be used for several purposes like your child’s marriage etc. The price of gold from the last few years has been rising continuously even during recession the price seemed to have increased at a rate of 19.30 percent.Mutual FundsMutual Funds are another popular investment option that have gained immense foothold in the Indian financial market over the last few years. ‘You can invest on both short and long term mutual funds. The one thing that is really good about investing in mutual funds is that you can invest small sums at a time. Mutual funds do not necessarily require lump sum investments. Most of the financial companies and banks today offer a diversified portfolio of mutual fund investment products. Investing in mutual funds is also less risky as compared to investing in stocks. This kind of investment option also has the tendency of fetching extremely high returns. However the amount that the investor will get as returns is unpredictable and depends totally on the situation of the market.StocksInvesting in stocks is one of the most beneficial Investment options in India. According to market trends it is seen that investing in equity shares fetch as much as 26.5 percent higher returns in a period of 5 years when compared to fixed deposits of the same tenure. Even when the investment is made for the longer period it still reaps higher returns. Investing in stocks is also a better option as compared to investing in real estate or gold.The Indian financial market is flooded with a host of investment options that not only fetch returns but also save you from paying huge amounts as taxes.

Shoe Repairs And Several Other Things When I Was 7

Shoe Repairs And Several Other Things When I Was 7
My Dad repaired most of our shoes believe it or not, I can hardly believe it myself now. With 7 pairs of shoes always needing repairs I think he was quite clever to learn how to “Keep us in shoe Leather” to coin a phrase!

He bought several different sizes of cast iron cobbler’s “lasts”. Last, the old English “Laest” meaning footprint. Lasts were holding devices shaped like a human foot. I have no idea where he would have bought the shoe leather. Only that it was a beautiful creamy, shiny colour and the smell was lovely.

But I do remember our shoes turned upside down on and fitted into these lasts, my Dad cutting the leather around the shape of the shoe, and then hammering nails, into the leather shape. Sometimes we’d feel one or 2 of those nails poking through the insides of our shoes, but our dad always fixed it.

Hiking and Swimming Galas
Dad was a very outdoorsy type, unlike my mother, who was probably too busy indoors. She also enjoyed the peace and quiet when he took us off for the day!

Anyway, he often took us hiking in the mountains where we’d have a picnic of sandwiches and flasks of tea. And more often than not we went by steam train.

We loved poking our heads out of the window until our eyes hurt like mad from a blast of soot blowing back from the engine. But sore, bloodshot eyes never dampened our enthusiasm.

Dad was an avid swimmer and water polo player, and he used to take us to swimming galas, as they were called back then. He often took part in these galas. And again we always travelled by steam train.

Rowing Over To Ireland’s Eye
That’s what we did back then, we had to go by rowboat, the only way to get to Ireland’s eye, which is 15 minutes from mainland Howth. From there we could see Malahide, Lambay Island and Howth Head of course. These days you can take a Round Trip Cruise on a small cruise ship!

But we thoroughly enjoyed rowing and once there we couldn’t wait to climb the rocks, and have a swim. We picnicked and watched the friendly seals doing their thing and showing off.

Not to mention all kinds of birdlife including the Puffin.The Martello Tower was also interesting but a bit dangerous to attempt entering. I’m getting lost in the past as I write, and have to drag myself back to the present.

Fun Outings with The camera Club
Dad was also a very keen amateur photographer, and was a member of a camera Club. There were many Sunday photography outings and along with us came other kids of the members of the club.

And we always had great fun while the adults busied themselves taking photos of everything and anything, it seemed to us. Dad was so serious about his photography that he set up a dark room where he developed and printed his photographs.

All black and white at the time. He and his camera club entered many of their favourites in exhibitions throughout Europe. I’m quite proud to say that many cups and medals were won by Dad. They have been shared amongst all his grandchildren which I find quite special.

He liked taking portraits of us kids too, mostly when we were in a state of untidiness, usually during play. Dad always preferred the natural look of messy hair and clothes in the photos of his children.

Baseball Glove Repair

Baseball glove repair would really not be a concern around this time of year if players and/or parents would just perform a little bit of “routine maintenance” on their baseball gloves right after the playing season is over and then maybe a little bit more right before the beginning of the next season. But this doesn’t seem to happen that much from what I can tell.So here we are…another High School Baseball and College Baseball season. I’ve already gotten a couple of baseball gloves in the last month or so that have broken. And it’s the same thing…very, very dry leather and laces. The laces on one of these baseball gloves were so dry, hard and brittle that they didn’t even feel like leather. The laces were so stiff that it was actually a little tough pulling these laces out of some parts of the glove.The condition of your baseball glove during and after a season will somewhat depend on where you live in the country. In the southeast and southwest you probably aren’t going to see a lot of snow, ice and mud. Your glove may face very strong sun and heat, though.The baseball gloves that I have just repaired were used in the northeast part of the country which can be terrible for leather. The leather can see snow and freezing temperatures. The baseball gloves will definitely get wet and muddy. This mud and water gets ground in sometimes day after day. This water eventually strips the leather of its original oils, softness and color. Then, summer comes. The sun beats down on the glove and dries it up even more. The laces become stiff, weak and brittle. They eventually break. Sometimes parts of the glove, like the eyelets and leather holes, rip. This even happens on the good, expensive gloves that are not cared for.All of these things can mostly be avoided. Simply try to implement some of the following tips:
Clean off your baseball glove during the season when it needs it. Just a warm, damp cloth will do. Don’t soak the glove. You’re just trying to get some of the dirt off.

During the season, if the glove has seen a lot of water and then a lot of sun, you should rub in a little bit of conditioner (not any kind of oil!) and let it soak in. This will restore some of the leather’s oils, softness and color.

Most importantly, give your glove a good cleaning and conditioning after your season is over. Wipe off all of the dirt and then after the glove dries rub a good coat of conditioner into the glove. Sometimes you may have to do this two or three times if the glove soaks up all of the conditioner right away. Wipe off any excess conditioner. Your restored glove will look and feel new during the off-season.

Tighten up loose laces and definitely repair broken laces or laces that you have a good feeling will break the next season. Do it now while you have the time.

And then, right before the beginning of your next season, inspect your glove again, tighten things up if necessary, put a light coat of conditioner on. There you are! Almost a new glove again.

Believe me, these simple baseball glove repair and restore tips work. I have taken care of a catcher’s mitt for three years now…and yes, it’s up in the northeast where a catcher’s mitt takes water and mud in great amounts in some games. But this glove, after three years, feels great and looks great. The laces and leather show no signs of weakness. This is all because I religiously follow the tips above.The kid who’s glove I fixed the other day…the real dry one, says his glove looks and feels new again. He actually likes the all-black laces better than the original gray ones too. I hope he takes care of it now. But I bet I see it again someday.And I bet I’ll repair a good number of gloves starting around now. These are all of the gloves from last season that were just thrown in garages or basements with no after-season conditioning or tightening or repairing of laces.So that’s where I’ll come in…again. Baseball glove repair and restore. I do it all of the time and never once have I advertised this. It all started with one glove, as a favor, and word got out. That was about six years ago and I’m still repairing gloves today.So try to keep in mind some of these baseball glove repair and restore tips. Your glove will always be in great shape and you’ll prevent those unexpected breaks during a game…and there will be no “down time” of your favorite glove.